Crowd-based funding platform Kickstarter announced on Tuesday that more than 1 million people have donated $100 million to help fund various projects.

Kickstarter works by allows users to post projects that need funding while asking Kickstarter community members to help fund their project with special offers for their products.

In just under two-and-a-half years the $100 million milestone is great news for Kickstarter however the last five months have been the most impressive with 400,000 new “backers” for the website. Kickstarter considers anyone who puts down a credit card number or pledges money to be a backer.

With their milestone achievement Kickstarter also announced some interesting statistics, for example approximately 16% (166,823 people) have backed multiple projects while 23,601 users have backed five or more projects.

Your words are your own, so be nice and helpful if you can. If this is the first time you're posting a comment, it might go into moderation. Don't worry, it's not lost, so there's no need to repost it! We accept clean XHTML in comments, but don't overdo it please.